Business Technology Strategy Gerstein OD Classic 1987
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Pay for Only What You Use
If you are searching around for ways to save on insuring your vehicle, you have probably come across all kinds of different types of coverage and insurance types. With all of these, you pay for your coverage for defined period of time.
Pay-as-you-drive insurance is a bit different. Rather than paying for a period of time (a month, 6-months, a year), you pay only for the miles you actually drive.
About Pay-as-you-drive Insurance
It’s been around a while, but only now is it catching on in America.… Continue Reading
States Eliminating the Insurance Gender Bias
Insurance has long been split on the gender issue – not whether they can use gender to determine rates, but if men should be charged more than women or vice-versa. The ethical question, however, has been debated by governments recently, leading to several industry regulations changes that now restrict the use of gender statistics in determining insurance prices.
The Case Against Gender Rating
Gender rating, as it is known in the insurance industry, is the practice of using statistical analysis to assess risk based on gender and then to charge for insurance accordingly.… Continue Reading
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